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Revenue of the U.S. hotel industry 2001-2017

Revenue of the United States hotel industry from 2001 to 2017 (in billion U.S. dollars)

This statistic shows the revenue of the United States hotel industry from 2001 to 2017. In 2017, the revenue of the hotel industry in the U.S. reached 208 billion U.S. dollars.
U.S. hotel industry key performance indicators

To measure the performance of the hotel industry sector three basic benchmark figures are commonly used:

The occupancy rate denotes the percentage of hotel rooms that are rented out at a given time of all the hotel rooms that are available. In 2017, the occupancy rate of the U.S. hospitality industry was at 65.9 percent, this was the highest seen since 2001.

The average daily rate (ADR) shows the average rate at which hotel rooms were paid. It is calculated by dividing total rooms revenue by the number of rooms that were occupied. In 2017, the ADR of hotel rooms in the U.S. was at 126.72 U.S. dollars according to data published by STR. In the Americas region, the average daily rate is relatively stable throughout the year. In 2017, the month with the lowest ADR in North America was January with an average daily rate of 121.29 U.S. dollars, the highest was measured in July (130.39 U.S. dollars).

Revenue per available room (RevPAR) is a measure of utilization in the hotel industry and can be calculated by multiplying the average daily rate of a property (market) by its occupancy rate. The RevPAR of hotels in the United States was 83.57 U.S. dollars in 2017. In 2017, the revenue per available room ranged between 67.17 U.S. dollars (January) and 93.37 U.S. dollars (August).

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This statistic shows the revenue of the United States hotel industry from 2001 to 2017. In 2017, the revenue of the hotel industry in the U.S. reached 208 billion U.S. dollars.
U.S. hotel industry key performance indicators

To measure the performance of the hotel industry sector three basic benchmark figures are commonly used:

The occupancy rate denotes the percentage of hotel rooms that are rented out at a given time of all the hotel rooms that are available. In 2017, the occupancy rate of the U.S. hospitality industry was at 65.9 percent, this was the highest seen since 2001.

The average daily rate (ADR) shows the average rate at which hotel rooms were paid. It is calculated by dividing total rooms revenue by the number of rooms that were occupied. In 2017, the ADR of hotel rooms in the U.S. was at 126.72 U.S. dollars according to data published by STR. In the Americas region, the average daily rate is relatively stable throughout the year. In 2017, the month with the lowest ADR in North America was January with an average daily rate of 121.29 U.S. dollars, the highest was measured in July (130.39 U.S. dollars).

Revenue per available room (RevPAR) is a measure of utilization in the hotel industry and can be calculated by multiplying the average daily rate of a property (market) by its occupancy rate. The RevPAR of hotels in the United States was 83.57 U.S. dollars in 2017. In 2017, the revenue per available room ranged between 67.17 U.S. dollars (January) and 93.37 U.S. dollars (August).

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Release date

June 2018

Region

United States

Survey time period

2001 to 2017

Supplementary notes

The source did not provide a date of publication. The date given is the date of access.

More information

Region

United States

Survey time period

2001 to 2017

Supplementary notes

The source did not provide a date of publication. The date given is the date of access.

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